Azerbaijan, Baku, Aug.3 / Trend N.Ismayilova /
The Azerbaijani Central Bank ascertained reduction of money supply (M2) by 61.2 million manat or by 1.2 percent and 1. 21 billion manat or 19.9 percent in annual calculation in the first year of 2009, the bank said on Aug.3.
Growth for June is amounted to 60.8 million manat (1.3 percent).
M2 index was 4,872 million manat as of July 1, 2009 compared to 4811,2 million manat as of June 1, 2009, 6,081 million manat as of Jan.1, 2009 and 4933.2 million manat as of July 1, 2008.
Moreover, volume of cash money supply (M0) increased by 42.9 percent or (1101.7 million manat ) in annual calculation.
M0 index was 3486.4 million manat as of July 1, 2009 compared to 3396.7 million manat as of June 1, 4145.7 million manat as of Jan.1, 2009 and 3193.8 million manat as of July 1, 2008.
Extended Money Supply (M3) was 6693.9 as of July 1, 2009 compared to 6.612 million manat as of June 1, 8494.2 million manat as of Jan.1, 2009 and 7.337 million manat as of July 1, 2008.
Transaction money (M1) was 4198.8 as of July 1, 2009 compared to 4150.6 million manat as of June 1, 5.145 million manat as of Jan.1, 2009 and 4117.8 million manat as of July 1, 2008.
On Aug.3, the official exchange rate is 0.8042 manat to $1.
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